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Book Reports
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| Number of pages / Number of words: |
5 / 1173 |
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Another thing is that there exists a comparison possibility of financial data between entities that have adopted the standards. Also users of financial statements that are not aware of the Bulgarian GAAP would safe time, effort and resources to interpret the information. This would enhance the communication and trust between Bulgarian and foreign companies and therefore boost international investments...
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Entrepreneurs seeking high returns in emerging economies would gladly consider Bulgarian markets as prospective targets. Moreover, large companies from the European Union planning to expand in developing economies of the new members will prefer to look at financial statements produced according to IFRS...
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Adoption Of Ifrs In Bulgaria
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